Dollar Strengthens After Trump Threat to Kharg Island; Yen Gains on “Final Warning”

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Dollar strengthened broadly as markets reacted to a sharp escalation in rhetoric from U.S. President Donald Trump, who warned that Iran’s key energy infrastructure could be “completely obliterated” if the Strait of Hormuz is not reopened and a peace deal is not reached “shortly.” In particular, Trump explicitly named Kharg Island—along with Iran’s electric generating […]The post Dollar Strengthens After Trump Threat to Kharg Island; Yen Gains on “Final Warning” appeared first on ActionForex.